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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

Consumer Cyclical
Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.


TSXV:RET - Post by User

Reitmans Ord Shs
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Comment by puma1on Jan 21, 2019 10:59am
148 Views
Post# 29259322

RE:RE:Trading at less than tangible book value

RE:RE:Trading at less than tangible book value
interesting that Fairfax  - who BTW were the buyers of the 2.4 million shares in November - have large stakes in both of these companies.

at least RET hasn't pissed away all the cash on an unrelated investment like TSB



Decoy1 wrote: I want to like this company. The underlying numbers are certainly good. But who shops at Reitman's? Reminds me of Torstar a bit, another company I want to like but don't for similar reasons. 


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